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  • France eyes major Airbus deal at China summit

    2010-11-03 09:25

    European planemaker Airbus is in negotiations that could lead to the sale of around 100 passenger planes to China during a November 4-5 visit to France by President Hu Jintao, sources familiar with the matter said.

  • G20 fundamental crucial to US economic recovery

    2010-11-02 09:45

    The Group of 20 (G20) plays not only crucial role in global economy, but also is important to the US domestic growth agenda, according to a White House briefing on Monday.

  • US: Currency issue won't be fixed at G20

    2010-11-02 09:38

    The United States said on Monday it does not foresee China bowing to pressure over its yuan currency during a Group of 20 summit in Seoul, playing down expectations for major progress on global economic imbalances.

  • China, India lead way as Asia shows strength

    2010-11-01 15:55

    Growth in China and India powered ahead last month, providing welcome support for the global economy at a time of sluggishness in the United States and most of Europe and a faltering in Japan's recovery.

  • EU chiefs urge joint efforts at G20

    2010-10-30 10:53

    Top leaders of the European Union (EU) have called on Europe's politicians to take joint action and ensure the bloc plays "a key role" in making next month's G20 summit in Seoul a success.

  • US economy expands 2 percent in third quarter

    2010-10-29 22:34

    The US economy grew at an annual pace of 2 percent in the third quarter this year, according to an advance estimate released by the US Department of Commerce Friday.

  • Japan central bank cuts economic growth forecasts

    2010-10-29 10:03

    Japan's central bank cut its economic growth forecasts Thursday and kept interest rates near zero, as the export-reliant nation confronts a strong yen and waning overseas demand.

  • Nissan recalls 2 million vehicles worldwide

    2010-10-28 15:29

    Nissan said Thursday it is recalling 2.14 million vehicles in the US, Japan, Europe and Asia, including the popular March and Mycra subcompacts, for an ignition problem that may stall the engine.

  • Emerging economies, ballast of global recovery

    2010-10-27 11:27

    China and other emerging economies have performed remarkably well to serve as a stabilizing force in global economic recovery, and multilateral solutions are critical for overcoming current global challenges,

  • Buffett's latest pick, fund manager Combs

    2010-10-26 14:43

    Billionaire Warren Buffett renewed speculation about his successor Monday by hiring a new investment manager to handle "a significant portion" of Berkshire Hathaway Inc.'s investment portfolio.

  • Japan passes $62b extra budget for stimulus

    2010-10-26 10:36

    Prime Minister Naoto Kan's cabinet on Tuesday approved a draft supplementary budget for fiscal 2010 to partly finance a fresh stimulus package worth about 5.05 trillion yen ($62 billion).

  • Japan, India to sign trade, investment deal

    2010-10-25 17:08

    The leaders of India and Japan were set to sign a sweeping agreement Monday on boosting trade while the visiting Indian prime minister pushed for a nuclear energy deal _ a touchy issue for Tokyo because of India's past atomic test blasts.

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